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Volume 53, No. 6

B.C. Reg. 78/2010

The British Columbia Gazette,

Part II

April 6, 2010

B.C. Reg. 78/2010 , deposited March 25, 2010, pursuant to the COMMUNITY CHARTER [Sections 104 and 282]. Order in Council 157/2010, approved and ordered March 25, 2010.

On the recommendation of the undersigned, the Administrator, by and with the advice and consent of the Executive Council, orders that the following regulation is made.

CONFLICTS OF INTEREST EXCEPTIONS (SUN PEAKS MOUNTAIN

RESORT MUNICIPALITY) REGULATION

Definitions

1 In this regulation:

"Act" means the Community Charter ;

"corporation" means the Sun Peaks Resort Corporation;

"councillor" means a councillor appointed to the council of Sun Peaks Mountain Resort Municipality under

section 13 (3) (c) (i) [appointment by minister] of the Local Government Act .

Nature of pecuniary interest

2 A pecuniary interest in the nature of remuneration, expenses, benefits, dividends, profits or other amounts payable to a councillor as a result of the councillor being a director, senior officer or shareholder or an employee of the corporation, or of a subsidiary or parent of the corporation, is prescribed for the purposes of

section 104 (1) (e) [exceptions from conflict provisions] of the Act.

Exception to restriction on use of insider information

Section 108 [restrictions on use of insider information] of the Act does not apply to a councillor in respect of a pecuniary interest of the nature prescribed under

section 2 during the term of his or her appointment.

— B. BENNETT, Minister of Community and Rural Development ; C. HANSEN, Presiding Member of the Executive Council .

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